WELCOME
TO THE GULF COAST
REGIONAL CENTER OF
INNOVATION AND COMMERCIALIZATION
In June 2005, Governor Rick Perry signed
House Bill 1765, creating the $200 million Texas Emerging Technology Fund (ETF).
In June 2007, the ETF program was renewed
for funding awards through August 2009.
The
Gulf Coast Regional Center of Innovation and Commercialization (Gulf
Coast RCIC) serves the 30-county Gulf Coast region
in southeast Texas
(marked in blue).
The
Houston Technology Center (HTC)
is the Gulf Coast RCIC,
partnering with the
Greater Houston Partnership (GHP),
Economic Development Organizations (EDOs)
and universities throughout the
30-county region.
The ETF has three types of
awards:
-
Commercialization
- for-profit Texas businesses, matching
equity investments
-
Research Grant Matching
- for university consortia,
matching non-State-of-Texas grants
-
Research
Superiority - for Texas public
universities, providing funds for recruiting
researchers of emerging technologies
Each quarter, the
Gulf Coast RCIC
accepts applications for
ETF
Commercialization Awards
(subchapter D in the legislation) from
businesses located
within the Gulf Coast region. The
Gulf Coast RCIC reviews each application and
submits applications meeting
the ETF criteria to the
Emerging Technology Fund Advisory Committee,
appointed by the Governor.
Applicants submitting through
the Gulf Coast RCIC benefit from the strong
support received by the RCIC from
over 240 volunteers
who have served on our Review Committees and
Board, with 40 to 60 volunteers serving for each
funding round. Applicants selected by the
RCIC Board for consideration from the State are
provided assistance from the RCIC Review
Committees, Board and RCIC Staff.
Gulf Coast region Awardees have benefitted from
the assistance received from our
Review Committees, Board and RCIC Staff in
improving their application documents and
presentation before submission to the State.
Gulf Coast RCIC
region Awardees are provided assistance with the commercialization of funded technologies
through the Houston Technology Center's
Acceleration program.
February 28, 2008 -
Governor Rick Perry announces $750,000 award to
OrthoAccel Technologies.
ETF awards
have been announced to sixteen Gulf Coast region companies for
$14,979,520.
All Gulf
Coast region awardees are able to take advantage
of one year of Client Services from the Houston Technology
Center. For more information
on Gulf Coast region ETF Awardees, click
here.
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